22-Feb-2012 Daily performance

SYMBOL	INDUSTRY	POSITION	PRICE	DAY CHANGE(%)	ACTIONS
ABH	Paper and Paper Products	LONG	15.47	-0.19	HOLD
ACAS	Investment Services	LONG	8.70	0.23	HOLD
ACHN	Major Drugs	SHORT	10.58	-0.94	HOLD
AM	Printing and Publishing	LONG	15.00	0.20	HOLD
ARIA	Biotechnology and Drugs	SHORT	14.52	0.41	HOLD
BBOX	Computer Networks	LONG	27.74	-1.49	HOLD
CECO	Schools	LONG	11.29	-0.18	HOLD
CET	Misc. Financial Services	LONG	22.00	-0.27	HOLD
CIEN	Communications Equipment	SHORT	14.94	-4.11	HOLD
CNO	Insurance (Life)	LONG	7.37	-1.47	HOLD
DNDN	Biotechnology and Drugs	SHORT	13.73	-1.86	HOLD
DSX	Water Transportation	LONG	9.13	-0.54	HOLD
EWD	Misc. Financial Services	SHORT	28.93	-0.96	HOLD
EXAS	Biotechnology and Drugs	SHORT	8.86	-0.34	HOLD
FSLR	Semiconductors	LONG	40.45	-4.55	HOLD
HNR	Oil and Gas Operations	LONG	6.84	-2.01	HOLD
IGE	Misc. Financial Services	LONG	42.17	0.29	HOLD
ITT	Misc. Capital Goods	LONG	22.81	-0.09	HOLD
IXN	Misc. Financial Services	SHORT	66.49	-0.37	HOLD
KWK	Oil and Gas Operations	LONG	5.85	-2.50	HOLD
PCYC	Biotechnology and Drugs	SHORT	24.70	-3.14	HOLD
REGN	Biotechnology and Drugs	SHORT	99.59	0.33	HOLD
RIMM	Communications Equipment	LONG	14.66	-1.48	HOLD
RSH	Retail (Technology)	LONG	7.15	-1.52	HOLD
SPY	Misc. Financial Services	SHORT	136.03	-0.32	HOLD
SYT	Chemical Manufacturing	LONG	65.76	1.86	HOLD
TC	Metal Mining	LONG	8.96	0.56	HOLD
VRTX	Biotechnology and Drugs	SHORT	37.60	-0.45	HOLD
VWO	Misc. Financial Services	SHORT	44.25	0.33	HOLD
TODAY SUMMARY				GAINS(%)
LONGS				-0.77
SHORTS				-0.95
TOTAL				0.18
S&P 500				-0.32
Since 10-Mar-2011	GAINS(%)	STD	MAX. FALL	SHARPE RATIO	CALMAR RATIO
Portfolio	-5.99	3.31	-17.53	-1.88	-0.35
S&P 500	4.91	5.27	-18.61	0.97	0.27